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Posted on April 1, 2023

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Category: Currency News

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  • Currency News
  • Currency News

Sell EURINR; target of : 88.30 : ICICI Direct

Sell EURINR; target of : 88.30 : ICICI Direct ICICI Direct, The Euro slid the most on Friday after European banking concerns diminished the bullish bets on the Euro.

Mar 27
  • Currency News

Sell USDINR; target of : 82.40 : ICICI Direct

Sell USDINR; target of : 82.40 : ICICI Direct ICICI Direct, The US dollar index fell almost 0.57% on Monday to its lowest level in a month amid boost in dollar funding by Fed and other central banks.

Mar 21
  • Currency News

Rupee weakens as bank contagion fears drag risk assets

Rupee weakens as bank contagion fears drag risk assets The rupee closed at 82.6350 per dollar, compared with its previous close of 82.5525.

Mar 20
  • Currency News

Sell USDINR; target of : 82.44 : ICICI Direct

Sell USDINR; target of : 82.44 : ICICI Direct ICICI Direct, The US dollar index fell more than 0.50% on Friday as University of Michigan’s March US inflation expectations index declined below 4% for the first time since May 2021 to 3.8%.

Mar 20
  • Currency News

US Banking Crisis: As risk aversion sets in, rupee may trade in 82-83 range in near term, say experts

US Banking Crisis: As risk aversion sets in, rupee may trade in 82-83 range in near term, say experts So far this year, the rupee has depreciated 8.08 percent against the dollar. It is the second worst-performing currency in Asia against the dollar after the yen, which is down 8.5 percent

Mar 17
  • Currency News

USDINR is expected to trade higher: Way2Wealth

USDINR is expected to trade higher: Way2Wealth According to Way2Wealth, USDINR pair was consolidating near key levels since last few trading sessions. USDINR pair recorded the high of 82.87 and low of 82.65 to settle on a flat note on Thursday.

Mar 17
  • Currency News

India central bank may let rupee weaken past 83 per dollar amid global banking turmoil, analysts say

India central bank may let rupee weaken past 83 per dollar amid global banking turmoil, analysts say The rupee declined to 82.80 to the U.S. dollar on Thursday, its lowest in about two weeks.

Mar 16
  • Currency News

Oil off the boil? Slipping crude prices brighten outlook for India amid global turmoil

Oil off the boil? Slipping crude prices brighten outlook for India amid global turmoil Financial sector tensions have dealt a blow to oil demand outlook, but India finds herself in a macroeconomic sweet spot.

Mar 16
  • Currency News

Rupee falls 12 paise to 82.77 against US dollar

Rupee falls 12 paise to 82.77 against US dollar Traders said positive sentiments in the domestic equity market and weaker dollar, however, resisted the decline in the Indian currency.

Mar 16
  • Currency News

Buy EURINR; target of : 88.60 : ICICI Direct

Buy EURINR; target of : 88.60 : ICICI Direct ICICI Direct, The Euro continued to trade above the key psychological level of 1.07 as recovery in global equities helped it to trade on a firmer note.

Mar 15

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